NOT LISTED FOR SALE

Estimated Value: $73,000 - $94,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$52/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $54,000 $34 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $486/month

Highlights

  • Traditional Architecture
  • Attic
  • Corner Lot
  • Wood Flooring
  • Separate Formal Living Room
  • Great Room

About This Home

As of January 2020

ATTENTION INVESTORS: This property is a turn-key rental property providing income of $5700 per year. New roof, new HVAC, new water heater when rehabbed fully in August 2016. Currently vacant. Additional work done in fall, 2018.

Last Agent to Sell the Property

Hollace Swogger

Weichert, REALTORS-BenchMark License #321082 Listed on: 12/19/2019

Weichert, REALTORS-BenchMark

Last Buyer's Agent

Hollace Swogger

Weichert, REALTORS-BenchMark License #321082 Listed on: 12/19/2019

Weichert, REALTORS-BenchMark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $505

Year Built

  • Built in 1961

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 95x112
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,480 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Aluminum Window Frames
  • Great Room
  • Separate Formal Living Room
  • Den

Kitchen

  • Oven or Range
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Window Bars
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Ground Level

Community Details

  • George W Lee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075040 00068

Home Details

Home Type

Single Family

Est. Annual Taxes

$505

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 762A
  • MAAR Subdivision Name: GEORGE W LEE
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1
  • Price Per Sq Ft: 36.49
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1480
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Private Half Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Cable Available
  • Living Dining Kitchen: Separate Living Room, Great Room, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Driveway/Pad, On-Street Parking

Utilities

  • Cooling: Central, Attic Fan, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Iron Door(s), Window Guard(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner
  • Lot Number: 18
  • Acreage: 0.22
  • Lot Size: 95x112
  • Price Per Acre: 245455

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 075040 00068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Le Phuong and Cao Son
Bought by
Memphis Cash Flow Gp
Current Estimated Value
$83,520

Purchase Details

Listed on
Dec 19, 2019
Closed on
Jan 30, 2020
Sold by
W & S Funds Llc
Bought by
Lee Phuong and Cao Son
Seller's Agent
Hollace Swogger
Weichert, REALTORS-BenchMark
Buyer's Agent
Hollace Swogger
Weichert, REALTORS-BenchMark
List Price
$56,000
Sold Price
$54,000
Premium/Discount to List
-$2,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$40,500
Interest Rate
3.74%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2016
Sold by
Elliott Wallis
Bought by
W & S Funds Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Memphis Cash Flow Gp $78,000 Saddle Creek Title
Lee Phuong $54,000 Close Trak Closing & Ttl Svc
W & S Funds Llc $32,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Phuong $40,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $54,000 -3.6% $39 / Sq Ft
12/19/2019 12/19/19 For Sale $56,000 -- $40 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $505 $23,175 $1,900 $21,275
2024 $505 $14,900 $1,375 $13,525
2023 $908 $14,900 $1,375 $13,525
2022 $908 $14,900 $1,375 $13,525
2021 $918 $14,900 $1,375 $13,525
2020 $819 $11,300 $1,375 $9,925
2019 $361 $11,300 $1,375 $9,925
2018 $361 $11,300 $1,375 $9,925
2017 $370 $11,300 $1,375 $9,925
2016 $525 $12,025 $0 $0
2014 $525 $12,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10067903

Memphis Area Association of REALTORS®

APN: 07-5040-0-0068